LEGAL TWO FAMILY! Howard Beach, NY 11414 Great price
| 5BR/2BA Single Family House | offered at $599,000 |
| Year Built | 1951 |
| Sq Footage | 1,893 |
| Bedrooms | 5 |
| Bathrooms | 2 full, 0 partial |
| Floors | 2 |
| Parking | Unspecified |
| Lot Size | 6,000 sqft |
| HOA/Maint | $0 per month |
DESCRIPTION
| Great Legal Two Family “three over two” Home In Move In Condition..Located In Howard Beach Area On Corner Lot.. Current Tenant Is Paying $1,000 A Month With No Leases And Is Willing To Stay And Pay Market Rent Or Vacate..UPDATED WINDOWS!!.
marketing@nyonlinerealty.com |
INVESTOR’S DELIGHT TWO FAMILY IN THE BRONX, Bronx, NY
4BR/2+1BA Multi-Family, 2 units
LOCATION IS THE KEY WORD! THIS IS MONEY MAKER, three blocks a way from the train station, this four bedrooms legal two family, wood floors, two over two, full basement, 1 car garage.
Gas heat, nice size property, conveniently located a few blocks a way from stores, restaurants, and major expressways, THIS HOUSE DEMAND ACTION!!
Call today: Cesar David 516-523-7506
nysales@nyonlinerealty.com.
ForeClosure info:
What is foreclosure?
A foreclosure is a state when a property is being sold because the owner fails to pay the principals or interests of the property.
Stages of foreclosure
Notice of Default (NOD):
When a owner fails to pay the mortgage the lender will ask for NOD. This will in effect put the home owner in notice that there property will enter a state of foreclosure
Notice of Sale:
If the home owner doest not fix the NOD then they will the home owner will receive a notice of sale. This notice will be then attached to the property and it will go to the County record’s Office. County record office will put this foreclosed property in local news papers over a period of three weeks.
Trustee Sale:
They will happen at the local county court house at the designated time in Notice of Sale. At the trustee sale the property is sold to the highest bidder, who must pay the bid price in cash.
What is a foreclosure auction?
Once the property is in auction the lender sets the price for the property, which is also called as the opining bid
The opening bid is usually decided by the amount of the loan balance, interest accrued, and any other additional fees associated with the attorneys dealt with Trustee Sale.
When does REO come into action?
In case of where there are no bids higher than opening bids than the property is purchased by the attorney conducting the sale, for the lender. If this case occurs then the property becomes an REO or Real Estate Owned. In most of the cases these occurs because the property is not worth the price of the opening bids or the total amount owed to a bank or lender.
When you purchase a property at one of these sales all liens other than the property taxes are wiped out for the customer. When a customer purchases a REO a.k.a.Bank Owned property , you will typically receive the property with a clean title.
Our legal services that we offer:
Legal Services
NYOR has legal counsel in house, in order to make things easier and quicker for you, our clients! With over 30 years of legal experience and with their convenient location (just down the hall) the speed at which foreclosures, evictions, closings, and addendums, as well as all other legal aspects are accomplished is incredible. The firm handles all types of lending transactions, from complex commercial financial deals to residential mortgage loans.
| Our Legal Services that covers the following areas of expertise |
| Foreclosure | Court Appearances |
| Cash for Deeds | Legal Research |
| Evictions | Closings |
| Cash for Keys | Short Sales |
Our 5 Step Marketing Process :
Step 1: Property Evaluation and Setup
• Inspect and secure property.
• Evaluate property condition.
• Initiate independent market analysis.
• Obtain bids for repair and maintenance.
Step 2: Marketing
• Establish marketing strategy with financial projections.
• Select listing broker
• Review strategy and pricing every 30 days.
Step 3: Reporting
• Provide you with monthly reports on both a summary and individual property basis regarding
inventory flow, unsold inventory, properties under contract, sales and property expenses.
• Provide year-end summary reports.
• Retain records for five years
Step 4: Proprty Managment
• Supervise repairs and maintenance
• Monthly inspection reports.
• Select property manager when applicable.
• Address environmental and compliance issues.
• Payment of property utilities (optional).
Step 5: Negatiation and Closing
• Counter, reject or accept offers within approved limits.
• Provide detailed net sheet with all offers.
• Coordinate closing process.
• Remit sales proceeds.
• Ensure that utilities and all transfers have occurred.
• Submit detailed closed file.
NYOR REO Business Model
PROPERTY VALUATIONS
To ensure the highest return, we inspect and evaluate all properties in a timely manner. Every valuation performed is reviewed to ensure that the individual client’s requirements and standards have been met. Appraisals, BPO’s and CMA’s can be customized to accommodate any clients needs. Reports can be provided on our form, or on any valuations and photos can be faxed, e-mailed, uploaded to your web site and/or priority mailed to you within your time frame. We understand your need for obtaining values or foreclosure sales, short sales and secondary bidding in 24 hour period. We are here to provide you with the best possible service we can.
REO SOLUTIONS
NyOnlineRealty.com provides Professional REO Services from A to Z. We are a full service real estate agency that is solely dedicated to serving banks and lenders throughout the World in the managing, marketing, and liquidating of their REO Properties. Our years of experience enable us to deliver the very best service and guidance to our valued clients under any circumstances and at any stage, from delinquent note valuations to fast sales and liquidation.
Message from Mr. Destiny
Good Day:
In today’s fast-moving world, it’s no longer enough to be on the cutting edge of change. The world is changing so fast that to be truly successful you must stay ahead of change. We have just opened our new state-of-the-art facility and are in the process of improving our marketing plan to better service your company’s needs. We continuously work on the sale of Bank Owned Properties (REO’s) and do so successfully. We are the Foreclosure Management Specialist.
Each of us needs the assistance and cooperation of others to reach our goals. NyOnlineRealty.com is that assistance. With your cooperation and our precise expertise in Foreclosure Marketing, we will both achieve our common goal to expeditiously and effectively transform your REOs into working capital. In this ever changing market you need a professional who concentrates only on the marketing of REOs. NyOnlineRealty.com is committed to the highest standards of professionalism and customer service. Our track record is impeccable and our service is outstanding. Our efforts on your behalf, will be to obtain the maximum market value in the least possible time. What does this mean to you? It means getting your properties SOLD and SOLD FAST!!!
Communication with you and your company will be on a consistent basis. The SALE of your Bank’s REOs will be my prime responsibility supported by the NyOnlineRealty.com team. If you’re interested in turning your REO portfolio into working CAPITAL, Try us, You’ll Like us! Our telephone number is (516) 798-3000.
TAKE ACTION TODAY!
Mark R.A. Arenella
“Mr. Destiny”
Lic. Broker / Owner
“The Future Belongs to those who Persistently Stretch out to see in it.”
GREAT deal going fast. CALL us today. 85,000 ppl pass this location everyday!, Massapequa Park, NY
| Retail/Commercial Call 516-798-3000 for more info |
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DESCRIPTION
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BELOW MARKET RENT – $30 / sqft
THE PERFECT PACKAGE… With all extras included!, Hempstead, NY
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4BR/2BA Single Family House
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offered at $150,000
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DESCRIPTION
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PROPERTY FEATURES
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COMMUNITY FEATURES
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Want Comfort and Affordability? You Got It! Opportunity Knocks!, Springfield Gardens, NY
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3BR/2BA Single Family House
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offered at $299,000
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DESCRIPTION
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| - Walk-in closet | - Dishwasher | - Refrigerator |
| - Stove/Oven | - Microwave | - Basement |
| - Washer | - Dryer |
